Pyong Hyun "Brandon" Yoon is charged with computer-related theft.
Brandon Yoon. (BCPO) FORT LEE - An Edgewater man embezzled more than $1.6 million from a clothing company where he worked as an assistant managing accountant for five years, according to the Bergen County Prosecutor's Office.
Pyong Hyun "Brandon" Yoon, 40, was arrested on computer-related theft and theft-by-deception charges after an investigation by the county's white-collar crimes unit and Fort Lee Police, Prosecutor Gurbir S. Grewal said in a statement over the weekend.
Authorities began investigating Yoon on April 13 when representatives of Southpole/Wicked Fashions Inc. filed a complaint with the Fort Lee Police Department.
Yoon, who oversaw cash transactions through an expense account, is accused of diverting funds from business bank accounts to pay his personal expenses.
Investigators said Yoon paid his mortgage, car lease, rent, and credit card bills.
Administrator accused of embezzlement
"To conceal his illicit activities, Mr. Yoon falsified his account journal entries," Grewal said in a statement on Saturday.
"Mr. Yoon continued to access the account and make his illicit payments even after he left the company," the prosecutor alleged.
Yoon worked at the company from 2011 until Dec. 2015, authorities said.
Police arrested Yoon at his Edgewater home on Friday, the prosecutor said.
Yoon was charged with computer related theft in excess of $250,000 and theft by deception in excess of $75,000. He was taken to the Bergen County Jail in lieu of $250,000 bail with no 10 percent option.
Anthony G. Attrino may be reached at tattrino@njadvancemedia.com. Follow him on Twitter @TonyAttrino. Find NJ.com on Facebook.